VinFast Auto Ltd. (NASDAQ:VFS) Short Interest Update

VinFast Auto Ltd. (NASDAQ:VFS) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 2,350,000 shares, an increase of 19.9% from the January 31st total of 1,960,000 shares. Based on an average daily trading volume, of 850,800 shares, the short-interest ratio is presently 2.8 days. Approximately 4.7% of the shares of the stock are short sold.

Institutional Investors Weigh In On VinFast Auto

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Tidal Investments LLC lifted its stake in shares of VinFast Auto by 10.9% in the fourth quarter. Tidal Investments LLC now owns 191,130 shares of the company’s stock worth $770,000 after buying an additional 18,709 shares in the last quarter. Tower Research Capital LLC TRC purchased a new position in VinFast Auto in the 4th quarter worth approximately $26,000. Jump Financial LLC acquired a new position in shares of VinFast Auto during the 4th quarter worth approximately $51,000. Walleye Trading LLC purchased a new stake in shares of VinFast Auto in the fourth quarter valued at approximately $46,000. Finally, Mariner LLC increased its holdings in shares of VinFast Auto by 84.2% in the fourth quarter. Mariner LLC now owns 24,666 shares of the company’s stock valued at $99,000 after purchasing an additional 11,277 shares during the last quarter.

VinFast Auto Price Performance

Shares of NASDAQ:VFS opened at $3.39 on Friday. VinFast Auto has a 1 year low of $2.26 and a 1 year high of $6.42. The firm has a market capitalization of $7.93 billion, a PE ratio of -3.08 and a beta of 0.93. The business’s 50 day moving average price is $3.92 and its 200-day moving average price is $3.94.

About VinFast Auto

VinFast Auto Ltd. engages in the design and manufacture of electric vehicles (EV), e-scooters, and e-buses in Vietnam, Canada, and the United States. The company operates through three segments: Automobiles, E-scooter, and Spare Parts & Aftermarket Services. The Automobiles segment offers design, development, manufacturing, and sale of cars and electric buses, and related battery lease and battery charging services for electric cars and buses.